Skip to main content

About your Search

Today 28
Cavuto 27
( more )
CNBC 237
FBC 235
CNNW 134
CNN 47
WRC (NBC) 39
( more )
English 2126
washington 1396
obama 1089
new york 1043
china 448
clinton 423
s&p 395
chicago 391
geico 378
florida 369
sandy 366
texas 357
europe 328
virginia 301
( more )
Search Results 0 to 49 of about 2,133 (some duplicates have been removed)
Jan 15, 2013 6:00am EST
of the fed, so why don't we shift gears and talk about some of things the fed is doing and might do. perhaps a way to introduce that is to say that the fed has been keeping interest rates at close to zero since roughly 2008. it has done a pretty deep into its arsenal of very unconventional policies recently in terms of the very massive asset purchases. recently launched its third round, which tended to bring long-term interest rates. can you tell us how well you think that is working? >> to go back one step, as you said, we have brought the short- term interest rates down almost to zer. for years monetary policy involved moving overnight interest rates up and down and open the rest of the interest rates would move in sympathy. then we hit a situation in 2008 where we had brought the short- term rates down as far as it could go, almost to zero. the question is what more could the fed do? there were many people a decade ago, a lot of articles about how the fed would be out of ammunition if it got the short term rate down to zero. but a lot of work by academics and others, researchers at centra
FOX Business
Jan 30, 2013 1:00pm EST
to remind you guys to keep it here for the fed decision at two: i 15 eastern. melissa: shares of blackberry, no longer research in motion, trading right now down about $0.82 they're on the day as they unveiled two versions of the new blackberry 10 device. shibani joshi had a chance to speak with blackberry new ceo thorsten heins on the changes. >> don't call it research in motion anymore. the company turning over a new leaf today unveiling its new blackberry 10 operative system and two brand-new phones. compare it to my old blackberry in a second, but the company stripping the inside and changing the name plates on the outside called "blackberry" making a lot of sense since everybody knows the bread and butter product is the blackberry. just inside this event were about 1000 people attended. they had a chance to talk to thorsten heins and asked in a couple of things. what about the rumors of strategic partnerships, a buyo buyout, asking about the stock prices today. any disappointment and any issues with delivery dates in march. take a listen to what he had to say. >> they announce they wil
Jan 19, 2013 11:05am EST
been very helpful in the latest episode. one less thing that occurs to me. one reason that the fed and other policymakers did not take more aggressive fundamental action to try to end the great depression was, they were afraid to do anything that was unorthodox. there was the gold standard, the whole variety of standard practices. given the great uncertainties , they often maintained very orthodox approach. the personnel change that in the united states was president roosevelt. -- the person that changed that in the united states was president roosevelt. an thats when you're situation, you need to consider unorthodox approaches. the fed and central banks did undertake some unorthodox policies. not all of them worked. a lot of them did. a process is still under way of bringing our economy back to where like to see it. >> -- we would like to see it. >> the global linkages are important in terms of prospects for u.s. growth. if you look over the medium term, where would you see a plausible scenario to generate the demand for the growth that we hope the u.s. is able to achieve? we are
Jan 3, 2013 2:00pm EST
of their december meetings. most members of the fed considered financial conditions lit change from the previous meeting. he said that economic activity did continue to increase at a moderate pace in recent months. all right, we will give you more on fed minutes. gavel handed to the speaker. let us go now to the house where speaker john boehner will address the nation. >> my god bless speaker boehner, may god bless this congress and bless the united states of america. my may i introduce, speaker of the house, john boehner. [ applause ] >> leader pelosi, thank you for your kind words. members of the house, and senate, my wife, debbie, who is with with us today. thankfully the girls are with working. and all of you in our fellow countrymen. we meet again at democracies great port of call. every two years, at this hour the constitution brings a new order to this house and it is an interlude for reflection. a glimpse of old truths. and to our new members and our families, let me just say, welcome. [ applause ] i know you're feeling a bit awe struck at this moment. history runs through this building.
Jan 30, 2013 2:00pm EST
for the 14,000 mark on the dow. we are waiting to see what fed says. we may or may not make it there. >> i'm waiting for 14,000 soesh logically. let's bring in our panel. diane, as is our trend here, ladies always first. do you expect an even bigger surprise for the fed today? >>, i don't. i think the key issue is how they characterize the economy. it can have its own self fulfilling prophecy but they are also very concerned in the beltway that sequestering will go forward. the consequence us is iy high they will move forward with spending cuts. very aggressive ones on march 1 and that will have, in addition to the fiscal drag, higher taxes. that will hurt the economy which may have to prompt the fed to do more. how they characterize the economy is critical. as i said, they are cognizant about it not be a self fulfilling prophecy. also, esther george is voting and she will be with her predecessor from kansas city this time around as well. >> when you consider the huge reaction and the discussion of how hawkish the minutes are, they are try to get it very, very straight. >> i think they tal
Jan 4, 2013 12:00pm EST
the fed's easy money flowing? >>> how about it, pete? we got the jobs report. it was all right. market kind of got spooked yesterday off these fed minutes. was that an overreaction, pete? >> i think what the market's been looking at for a long time is what's going to happen with the fiscal cliff. we got some of those answers. if you go back to the 31st and the 2nd, you got about a 500 point rally. now the market's starting to get back into what it is really focused on which is the companies themselves, earnings, data, everything that's coming out and being able to trade off of that. of course that's only going to last for three or four weeks. immediately we'll look ahead to march and have all the concerns return once again. look no further than the volatility index itself right now. fact we were in the 20s last week, and now today we got below 14. i would say because of what i think will be coming in march. it is time to buy. if you're in the market now, buy protection at these levels. >> the vix is on track for its biggest weekly loss in at least 26 years. you track this stuff every m
Jan 3, 2013 3:00pm EST
yesterday but news from the fed an hour ago right now that some members of the fed would want the free money to come to an end sooner rather than later. that has slowed things down. you can guess where that news hit on this chart right at 2:00 eastern time. a gain became a loss, and we're still down about seven points on the industrial average at 13,404. we're going to go over those fed minutes in just a minute. nasdaq also off the low, down six-plus points at 3105, and the s&p 500 index at this hour is down a point and change at 1460. >> that's right. most of this reaction, as bill said, to word that some in the federal reserve want to slow down or end the bond-buying program before the 2013. how quickly we've gone from talking about qe infinity to maybe the end of it within the calendar year. the group potentially worried the massive stimulus could have a destabilizing impact on the economy so in today's "closing bell" exchange steve wood, doug cote from ing investment manager, larry glaze e from mayor flower advisers and our very own rick santelli. rick, let's kick it off with you. what's
Jan 28, 2013 9:00am EST
quote to be pulling back here, a rally driven by the fed. they're not going to materialize as well. i think we'll get the pullback. you want to buy industrials, the transports, emerging markets here, get your list ready, rotate out of bonds into stocks. >> maybe 5% cheaper? >> that's what i'm thinking. i think you can get a better value here. expectations are double digits. >> thank you very much. that does it for us today. right now it's time for "squawk on the street." >>> good monday morning. welcome to "squawk on the street." i'm carl quintanilla, with melissa lee, david faber and jim cramer. the dow less than 2% from an all-time high. europe's been getting a lift from some good data today. today u.s. december durable goods.
Jan 30, 2013 6:00am EST
, and today's fed meeting. as boeing prepares to roll out results, more details about when the arizoni aerospace giant kne problems for the dreamliner. >>> and margins better than expect expected for blackberry. it -- for amazon. it's wednesday, january 30, 2013. and "squawk box" begins right now. >>> good morning, everybody. welcome to squaw"squawk box" he cnbc. today we have the four bs -- ben bernanke and the fomc holding their first meeting of 2013. investors watching carefully for any change in strategy to boost the economy. blackberry 10, research in motion is unveiling its latest and greatest device in hopes of saving the battered company. boeing, the dow component releasing quarterly results around 7:30 a.m. eastern time. we will have instant reaction and more on the dreamliner battery drama. and last but not least, the bulls going on another run. the dow jumping another 72 points to close just 46 points away from 14,000, just 210 points away from its all-time closing high. we have a big lineup covering the rally, the fed, and the economy this morning. >>> ed keon of quantitati
FOX Business
Jan 30, 2013 3:00pm EST
the market ends, not how it begins. the fed made it pretty clear to the markets that rates are not going up any time soon. asset purchases that it's been making will continue. but the reaction in stocks, what do we see? a bit of selling pressure in the wake of the no decision decision. dow jones industrials down about 23 points at the moment. but when you take it in the bigger picture, trading near five year highs. if the blue chips were to finish the day in the plus column, it would be the 7th day of gains out of the past 8. a nice stringing together, but, you know, yesterday kind of interrupted that. now the dow is just about 1 1/2% from its all-time high. all time closing high, we should stress going back to october 9 of 07. that was as you see on the screen we showed it to you yesterday 14,164.53. every little bit counts; right? and what about what we are seeing in the treasury market here. ten year note yields at 2.0% here -- 2.0% here. some investors believe we could see big allocation shift from fund managers into stocks from bonds, keep in mind we have already started to see that ov
Jan 18, 2013 4:00pm EST
, asleep at the wheel. the fed releasing transcripts from emergency meetings in 2007 as the crisis was just beginning, and, boy, did they miss the big picture. the story coming up. also ahead. holy car auction! the batmobile from the popular 1960s tv series hits the black this weekend. our robert frank on the lowdown with how high the bidding could go. which batmobile would you buy right now? we'll reveal the most popular coming up. i'd say you've got to go with adam west or michael keaton, my two favorites. what is your favorite? back in a moment. e >>> welcome back. another blockbuster week of earnings ahead. kayla tausche running through the roster to determine if the rally could continue. over to you, kayla. >> reporter: 62% of the companies have beat profit estimates, though blended earnings growth just 2.5% per thompson reuters. more data points next week, even though it's a short one. got a busy calendar. tuesday, kicking off with five dow components. chemical giant dupont, johnson & johnson representing big pharma, verizon, ibm and travelers, google's first earnings since last quart
Jan 19, 2013 10:00am EST
the u.s. economy and the fed's role in monetary policy. he called on congress to raise the debt ceiling in the release of u.s. can pay its bills. he spoke at the gerald ford school of public policy. >> thank you very much. it is also my great pleasure to welcome all of you here today. on behalf of the gerald r. ford school of public policy, the university of michigan is extremely honored to welcome the hon. ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in our series of distinguished lectures, policy talks at the fort school. we're so pleased that region white can introduce to the events and we're also very president marye sue: here today as well as -- we also have several of the university's executive officers and beans. i would like to welcome all of them and thank them for joining us today. it is an honor and truly personal pleasure to introduce our next guest. the fed's charges to provide a healthy economy. this is a complex and critically important mission and it makes the person at its helm one of if not the most
Jan 30, 2013 4:30pm PST
by 0.1% the first time that's happened since the financial crisis began. the fed said in its policy statement today that it continues to see "downside risks" to the economy. unemployment is still "elevated". but household and business spending advanced. >> susie: darren gersh begins our coverage with that weak reading on the economy. >> reporter: last quarter, defense spending fell off the fiscal cliff. as lawmakers bickered, manufacturers who make things for the pentagon cut back production sharply-- defense spending fell 22% in the latest g.d.p. report, tipping the economy into the red. >> certainly manufacturers are pulling back and i think this is a bit of a wake up call that these cuts are real and that they have real effects on the economy. >> reporter: economists and markets did not panic over the drop into the red, because the economy is still showing signs of solid growth. businesses are still buying equipment and software. housing continues to bounce back. and consumer spending held up well, expanding at an annual rate of 2.2%. >> so if you look through some of the volati
Jan 3, 2013 4:00pm EST
out of that whole until the fed minutes came out, and we've been going lower since that time, about 41 points. tomorrow it's the jobs report, matt cheslock, that will set the tone for the day. what are your expectations? >> hate to give washington credit for anything. not going to give them credit for yesterday's rally, still bearish and using this time to sell and just not a believer. there's way too much out there that's going to go negative. >> you don't think the jobs numbers will be all that strong. >> i don't think so. not going to be a believer of any data that came out. too many going on in december, too many holiday storms and too many storms, too many factors in it. i'm selling into any new rally i get. >> a strong sentiment on the floor here at the new york stock exchange, by the way, and we're going out off the lows. a little buying coming in with the dow down about 25 points. that's the first hour of the "closing bell." let's start hour two right now. >> and welcome to the "closing bell." i'm kelly evans in today for maria bartiromo. bill griffith will join me in just a mo
Jan 4, 2013 4:00am EST
move, though, there was discussion about whether the fed should stop some members expressing whether they should stop continuing buying assets this year. a bit of consternation. had a big impact on the dollar and treasury yields. treasury yields hitting an 8-month high. 11 .92%. we're above that at the moment. gilt yields moving higher this morning. over 2% yesterday. eight-month highs for those. italy, slightly higher and in spain, as well. on the currency market, the big move has been dollar/yen, 87.95 is where we've been. 88.31 at the moment. so we've continued to move higher, the 2 1/2 year high on friday. expectations now the bank of japan will ado want dopt more aggressive easing while those minutes suggest the u.s. may stop sooner than expected. euro/dollar, down to 1.30. the aussie dollar is weaker is sterling is also down against the greenback. we were proep probing above 1.63 a couple of minutes ago. they said so the fed comments pretty much dominating today's market session. speaking earlier, principal investor jim corcoran suggested that qe hasn't been particularly effect
Jan 6, 2013 7:30pm EST
in the news. the fed releasing the minutes this week. there was word that a number of members of the fed wanted to stop this bond buying program, the so-called quantitative easing at the end of this year. here we have spending cuts and uncertainties in the economy, and the one stimulus that everyone has been really looking forward to, the federal reserve stimulus, is now being threatened to come to an end this year. >> yes. the market got worried and said, oh, no, maybe the fed is not as committed to qe and stimulus as we thought. i think that's the wrong interpretation, maria. what we think is more likely is that certain members are putting a market out. they're reminding others, including the politicians, that there are costs and risks involved in what the fed is doing. they don't want the politicians to believe that the fed can carry the whole burden for this economy. >> bottom line, mohammed, what do you want to do in this environment if you are an investor in the market? >> so it depends on your starting position. if you have already taken on a lot of risk, you've done really well a
Jan 29, 2013 4:00pm EST
. for the meantime, the markets run a long time just because they are soaking up all the stimulus from the fed. >> a lot of stimulus from the other central banks cutting trase today. greg, you want to get in front of this train and fight the fed? >> yeah, i think that the fed is going to continue pushing pretty hard this year but equity investors have to take a look at what's in the fed's tool backs and realize they have shot every arrow that they have got. they will keep gig qe this year, maybe another $1 trillion but even inside the fed there's doubts about how much more effective will be at this stage, what, with long-term interest rates as low as they are. tomorrow i don't expect any fireworks from them. i'll be interested to see how they characterize the economy, whether they are getting more comfortable with it now that we have the biggest piece of the fiscal cliff out of the way or whether they are still concerned that employment is sluggish an inflation is tracking kind of low. >> yeah. i mean, we have an economic that's improving but not necessarily gangbusters here to necessarily ill
FOX Business
Jan 14, 2013 3:00pm EST
of address from the fed chief? kevin: it is worth noting today perfectly after they have come out last weekend with indications from voting members that may b maybe qualitative usg program could and did 2013. we will be looking for hints to see if there's any follow-up from the chairman on this because he is the one making the ultimate decision here. you look at the treasury prices today, we're off of our highs, not a lot driving things. a lot of data coming out this week that looks new to show us the health of the economy and with q4 earnings coming out this week, we will be watching and listening to corporate executives to see what the capital spending limit look like and that may drive things for the first half of the year. cheryl: more news in the oil market. tom riley right now at the nymex and i want to focus particularly with you on the issue of the oil contracts. we saw a big bump to the upside. maybe an overbought situation, but this could be a momentum traded to the upside. tom: we have been in a tight range for six to eight months now and trying to get our way out of there.
Jan 30, 2013 7:00pm PST
. the fed says it will keep interest rates near zero and plans to keep buying bonds in order to keep interest rates low. today's g.d.p. report didn't change that plan. >> what the fed is trying to do is generate stronger labor market growth and labor market performance and we don't really have any data on that yet. so we don't have the employment report yet, so we think it is just status quo for the fed at this time. >> reporter: well, almost status quo. the fed continues to watch congress closely for clues about whether deep, automatic federal spending cuts will take effect in a month or congress will decide to close down parts of the government as republicans and democrats battle over the budget. >> i think the fed is very conscious of the fact that fiscal policy which had been providing stimulus earlier in the recovery had really now turned to a strongly contractionary phase and so, when the fed thinks about what it needs to do, it views that as part of the backdrop for its need to continue to be accommodative. >> reporter: most analysts expect the economy will bounce back and rem
Jan 24, 2013 3:00pm EST
-time high. really driving this rally? is it fundamentals or just the fed's easy money? that's coming up next. >> the big debate these days, and did the gop roll over on spending and cutting our debt. maria asks house majority leader eric cantor. that and much more exclusively coming up from davos. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing
Jan 30, 2013 7:00pm EST
rally paused today but did the fed give investors anything to worry about? we'll look into the fed, your money and stocks next up. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high blood pressure or when
Jan 6, 2013 5:00am PST
anything you've ever known. i'll share my story of my fedex ups miracle and i'll come into a covenant with 1,189 favor miracles that are going to explode in your life. you say, what makes this moment different than any other moment? number one, this is my anointing. this is my call. god has anointed me with a financial anointing. and the anointing you sow into is the anounting you have a right to. i can't explain it. all i know is when you connect with what god has given me, your life financially will change. number two, a time of a divine moment wrapped with the gift of faith. the gift of faith is when god gives you a moment of believing to believe for impossible things. you've heard part of this testimony but i want to share it again and i want to extend the testimony called "my fed u.p.s. miracle. i was in honolulu, hawaii, listening to a man of god looking into a camera like me. he's talking about a rare and uncommon seed of $1,000. he said, something happens at $1,000 level that doesn't happen at any other level. i was reminded of all the thousand dollar seeds that i have sown. i
FOX Business
Jan 14, 2013 4:00pm EST
.3%. it did settle above $31 an ounce. fed chief ben bernanke he's at the university of michigan taking questions this hour. we are keeping a close eye on an event. this is an event that really could move markets tomorrow. set the whole futures up. and we're going to update you throughout the hour on anything he says that could affect your investments. sandra: plus big news in the tech world. we have got reports that dell is in talks to go private, and that's sending shares way up today, up more than 12 bucks. the iphone keeps losing market share and iphone part manufacturers they are losing orders. is it time for tim cook to lose his job? we've got an analyst who covers both of those companies, david coming up. david: also toyota driving past gm taking the title for the world's top selling automaker. we will go live to the detroit auto show to hear from toyota u.s. president about what new cars are hitting the road. wait till you see the new mercedes by the way. but first we will tell you what drove the markets today with today's data down load. stocks struggling for direction today. t
Jan 18, 2013 2:00pm EST
america and we lay out the 10 commandments mandy, of the fed. >> congratulations. you have now clocked up the third straight gains of dow and s&p to begin the new year even though of course today we are looking soggy and mixed. if the dow can stay positive where it is right now, just by a whisker, it'll be up for the seventh time in eight sessions. let's get to bob and rick santelli. bob pisani, what are we doing on friday? we are just kind of doing nothing right now. meandering around. but we have been up for three straight weeks. >> i'm happy guy. we are in the heart of the earning season. big industrial companies are all reporting, something important is happening. individual companies are moving on their own earnings reports and not moving the all around markets around. look at industrial companies that reported today. here is the nasdaq. put up industrial companies here. important thing, ge for example came out. good earnings report. it is on the up side, parker hanifan on the up side. johnson controls with a bad outlook on the company. everything is moving individually and not afeki
Jan 18, 2013 3:00pm EST
of trading. look for the week here. you're one of the few people who think the fed doesn't know anything more than anybody else. well, it turns out we have proof that you're right. some stunning revelations from meetings as the financial crisis was unfolding a few years ago. we'll have that for you coming up, and, boy, is it good to be al gore. he acquired $30 million worth of apple stock by exercising options. wait until you hear how much he paid for them. we'll give you a hint. it was far less than $30 million. got our attention. and that debt ceiling crisis may be delayed until the spring. the house is reportedly getting set to vote on a three-month extension until next week and what that does is sets up a big fight on budget and spending cuts which could embroil the economy and stock market in a new round of uncertainty but it kicks that can down the road, so is that why stocks are a bit tempered today? we'll take a look at that. the dow right now up 12 points. we are flirting with those five and a half year highs, 13,610 and change would be that five and a half year high so we're just pl
Jan 29, 2013 6:00am EST
with the release of cnbc's exclusive fed survey. and from the better late than never file, the senate has approved the long delayed $50.5 billion aid package for the vikt manies of superstorm sandy. the approval comes three months after the storm ravaged the east coast destroying thousands of homes and is business in new york and connecticut and new jersey. nine republicans joined democrats in voting yes on the measure. now president obama must sign it into law, which he is expected to do. senate leaders held up the aid and for wrangling' over the new rules, filibusters and some pork in there and all kinds of stuff. andrew asked me today -- i love this. is it okay to wear a jacket? it's fine to wear a jacket when you want to because of -- he goes, look, this shirt needs a jacket. that begs the question, where do you wear a shirt that needs a jacket to cover it up? >> because it's a different look and it gives us something going on there. i get that. >> you're behind the shirt, but you never to cover it up. >> basically, if you have too many checks, it looks like a picnic table. >> it does. >> that
Jan 7, 2013 6:00am EST
settlements. the xt on oversight and government reform wrote a letter to fed chairman ben bernanke in the office of the controller, the currency on friday. the committee was more information on how a settlement amount is to be determined. >>> both parties talking to the sunday talk shows. their positions ahead of the debt ceiling sight, this is going to be ugly. >> i think tax reform ought to be revenue neutral as it was during the reagan years. we've resolved this issue. we don't have that problem because we tax too little. we have it because we spend way, way too much. so we've settled the tax issue. the question is now can we address the single biggest threat to america's future? and that's our excessive spending. >> we're talking about looking at the tax code, putting everything on the table from the standpoint of closing loopholes and we know we can do that. >> we will talk more about the budget battle at 7:30 eastern time with former governor ed rendell. but, obviously, the two sides are far apart at this point. in our d.c. news today, president obama is expected to nominate
Jan 7, 2013 12:00pm EST
the best close in stocks for over a year. fed fight, why the battle inside the central bank is more serious than you think and what it means for your money.. debate it, netflix tops $1 hunl for the fist time in four months. is it in your portfolio? but first, our top stories, bull run. stocks sitting near five-year highs. we're trading the markets today with virtual john najarian, josh brown and joe tear knranova. is the bull market just getting started or about to end? >> i've told you since the beginning of the year, that's not where the focus is for me. the focus is on the individual sectors. you're get ago pullback today on the financials. they're going throw a report next week. wells fargo at the end of this week. not interested in that. i am interested in goldman sachs. i believe you're going to see significant eps and sales growth within the financial sector. i will be adding to goldman sachs on further weakness towards 130. >> i don't think i was asking about goldman sachs. is the bull market just getting started? joe terranova? >> let me rephrase exactly what i said to you. if you
Jan 4, 2013 1:00pm EST
, economy, fed. is this the year finally of rising interest rates? st. louis fed president will join us first on cnbc to give us his view. if rates do begin to rise sooner than you think, which stocks should you buy? we will show you some smart moves, some smart places to put your money to work. and it is the hottest segment of, yes, the tobacco industry. could it be a game-changer for the companies that do business in that field? we will tell what you that game changer is. my partner sue herera at new york stock exchange. sue, happy new year. >> yes, you too, ty. we are finally back together again. i'm thrilled about that. the market's not so thrilled right now, though. kind of stuck in a range of that job's data. let's look at numberes with the dow jones industrial average trading up about 13 points on the tradesing session. s&p up about 3 2/3. but nasdaq is negative right now, down just about a tenth after point. the pace of hiring, easing slightly in the laugh month. but numbers coming in pretty much in line with estimates are keling evans have been digging in details, putting desce
Jan 29, 2013 4:00am EST
. >> and mark carney will join us. we'll be right back. >>> welcome back to the program. the fed begins a two-day meeting today and will deliver a report tomorrow. the fed said as long as inflation stays subdued, rates could remain at historic lows until unemployment dips below 6.5%, which they predict could take until the end of 2015. in india, the central bank has lowered its key policy rates for the first time in 15 months. ecta, the first rate cut in several months here. are we expecting more to follow? >> well, that is the rabbit in the hat, actually. the policy in terms of commentary was extremely deliberated and balanced in terms of what the forward looking guidance would have been from the rbi. they have said that inflation will be pretty much range bound going into 2000, 2013, 2014. so that would give them space to maneuver in terms of the monetary policy. but, again, there will be two conditions that they will be looking out for. one will be inflation and the wpi inflation tragedy and whether there would be any sort of upside to it into the next year and second would be any discerni
FOX Business
Jan 18, 2013 1:00pm EST
was bernanke thinking? newly revealed transcripts in 2007. giving us an inside look to the feds discussions during the crisis. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical c
FOX Business
Jan 17, 2013 4:00pm EST
momentarily richard fisher, he is the president of the dallas fed calling for a dramatic reorganization of the banking industry. could this mean it a good bank breakup? he will be here to talk more. dallas fed president, one of the most outspoken and forward thinking members of the federal reserve just coming out with a maverick's proposal, to medically reorganize the banking industry. some see his proposal as a way to ensure we won't have more taxpayer bailouts of millionaire investors. here to talk about this proposal and the economy in general. and about the market. let's start with the news, the market had a great day today. the s&p 500 close to or at a five-year high right now. why is the market doing so well even though the economy is still kind of in a slow move? >> david, nobody can explain the day-to-day moves in the market anmatter how hard we try. the market discounts well in advance of what we mere morals are able to do for my day-to-day. other days you're not sure why. i would be hazarding a guess, i don't know why. david: a lot of people have speculated about this from the
FOX Business
Jan 21, 2013 3:00pm EST
for us. >> absolutely. they are starting to step on the toes of the fed. you know, the fed has been really priming the pump here, printing money, printing money in efforts to keep the dollar as weak as possible in this risk off type scenario market. so now some of these other central banks are now starting to fight back a bit, and the bank of japan has probably been the most aggressive in doing so with some of the easing that they have already done. cheryl: do you think they will do more easing? is that what you think is going to be the headline here? >> we have pretty much baked into the cake that they will be raising the inflation target to 2% from 1%. they are probably going to extend their asset purchases. they're really talking about different measures to dramatically weaken it. cheryl: there are other countries involved. i want to talk about the mexican peso because also there is concerns about the mexican economy, big manufacturing economy which means a lot to u.s. companies, but at the same time, the peso, if there is more pressure on that currency, what does that mean for u
Jan 30, 2013 12:00pm EST
ask you this. will the fed be as dismissive so to speak as the numbers today as the market appears to be? you know what i mean. the market doesn't seem to care about this negative print. >> can i just ask the guys this question? what is the market doing today? >> flat. >> i know that. but what -- it's had a nice run-up and now it's flat. is this a day it would have been up if gdp had been in line? >> you would think so. >> i think the market's waiting for the fed actually. think right now there's a bit of uncertainty. let's see what they're going to say. >> we know what they're going to say, don't we, steve? >> let me go backes to my question. if i told you this was still a 2% economy, would you be buying the market today? >> i think the expectations are that it is a 2%. >> so no change at all. so the market is flat with an unchanged view prior to 8:30. they did look into this thing and they had forgotten about the real gdp. unchanged is the general perception. >> it's all about friday's jobs number. i think that's the biggest risk to it. >> that's crazy. >> it snies this. >> that'
FOX Business
Jan 3, 2013 3:00pm EST
of trading. "countdown to the closing bell" begins right now. with a dose of past hour, the fed released the minutes from its december meeting. it reveals that policymakers believe they can tap the brakes before the end of the year. back in january, it would purchase $8500 worth of securities each and every month. a combination of later dated treasuries and mortgage backed securities. what does this mean for your money? let's look at how the markets are reacting to the news. stocks are holding heavy. we are now down. down about ten points for the dow jones industrials. use all that we are slightly lower for the moment. maybe ten year yields rising sharply. we have not seen 1.9% in a long while. a totally different story at the currency market. the euro falling through. some traders consider that numbers to be a parish technical breakdown and strength of the dollar. in the grand scheme of things, so much stronger than were was a year ago. gold down right now. twenty-four dollars. the dollar rallies stronger. silver pulling back by $0.55. this on the perception that the fed takes away that
Jan 22, 2013 11:00pm EST
fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >>> day after day we are being blown away by this market. tell the truth. the thing simply won't quit. somehow this market keeps taking out its highs when people are being made incredibly bearish and worried. we have to ask ourselves what is going on here? come on. i look at charts. break out, break out, break out, break out. tonight we are going off the charts to see what is going on. carolyn borodin, this woman is a fabulous technician who happens to be my colleague at although after the calls she's made of late, she belongs in buckingham palace. she has nailed this market. over and over again she has gotten the direction right, with a level of accuracy i find down right disturbing. she called the top back in september and told us she was drawing a line in the sand and if the s&p dropped we would get pounded. sure enough it fell after the election and we did get pummeled. but what most impressed me was what
Jan 16, 2013 9:00am EST
. >> well, those is to use -- those issues of course are not the specific purdy of the fed, and so why do we shift gears and talk more specifically about some things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that the fed of course is keeping interest rates at close to zero since roughly 2008, and it dug pretty deep into its arsenal, more recently in terms of in particular the very massive asset purchases recently launched its third round, which are intended to bring long-term interest rates. can you tell us how well you think that is working? >> so, to go back just one step, as you said we have brought the short-term interest rate down almost to zero, and for many, many years monetary policy just in bald moving the short-term, basically overnight interest-rate up and down and hoping that the rest of the interest rates would move in sympathy. then we had a situation in 2008 where we are brought the short-term rate down about as far as it could go, almost entirely digital. and so the question is what more could the fed do. and/or many peo
FOX Business
Jan 9, 2013 6:00pm EST
by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. it's debilitating when you try to talk, when you're trying to eat, when you're trying to sleep. i'm constantly licking my lips. water would address the symptoms for just a few minutes. the hygienist recommended biotene. it's clean and refreshing, i feel like i have plenty of fluid in my mouth. i brush with the biotene toothpaste and i use the mouthwash every morning. it's changed my life. it is the last thing i do before i walk out the door. biotene gives me that fresh confident feeling. ♪ >> from the fox business studios in new york city, it's "the willis report" with gerri willis . gerri: well, i don't know if you heard this, what the white house made it clear is moving ahead with gun-control with or without congress. vice-president joe biden, the torchbearer for the administration on the gun issue said today, the president could use the stroke of the pen, an executive order to push through strict new gun-contro
Jan 22, 2013 6:00pm EST
them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >>> now that we are almost a month into 2013 i think one of the trends for the new year will be an uptick in m and a. meanwhile companies are sitting on gigantic piles of cash. if they want to grow, the way to do it is by making acquisitions. cred consider the defense industry. we have earnings reports. the one thing you need to know is that everybody is worried about the budget cuts. the defense cuts by a couple of months. now they are wrangling about how to replace the cuts. this is not going to happen. i believe that we are going to spend lesson defense. that creates a tough dynamic and i thought about this. this is just an ongoing dilem a for this weekend. however, these companies do have a lot of money and their balance sheets are generally in terrific shape. if the big companies want to grow their earnings per share, the w
Jan 3, 2013 7:00pm EST
think the fed will slowly start to take the punch bowl away. if you read through the minutes that came out today -- >> really? >> yes, i do. >> all those doves, bernanke, yelling. all those obama appointee, you think they'll turn the monetary spigot off? >> if they don't shut it down completely it will slow down. i think you'll see the interest rates go up and corporate profits and the economy are not that strong. but look, inflation i realize only 2%. but if you look at gold, look at what's happening to the dollar, much higher inflation is clearly on the horizon. i think you're going to see a short bonds for sure. >> short bonds for sure. let's bring in my old pal, art laffer, father of supply side economics. he still has time to run art laffer investments. welcome back, buddy. >> thank you, larry. >> quick 30-second take on this fiscal cliff bill, the top tax rate was raised. what's -- how is it going to affect the economy? >> well, the bill is terrible, larry. i mean, it really is bad. the top rates being raised is terrible. i think all the junk they put in there, the -- you know, t
Jan 28, 2013 7:00pm EST
number out today, surprised everybody. and then, better growth actually changed fed policy at its meeting this week. and then in iran, did they blow up a nuclear facility? it's all being officially denied in tehran. the israelis believe it did happen. we'll take a closer look at what we know and what we don't know. but first up, finally a budget cut. i call it a tax cut, and it is really pro-growth. take a listen to paul ryan yesterday on "meet the press." >> we think these sequesters will happen because the democrats have opposed our efforts to replace those cuts with others and they've offered no alternatives. >> right. don't believe those big government spenders, they are dead wrong. i say bring on the cuts. they'll wind up being pro-growth. let's talk. we bring on dean baker, senate for economic and policy research, and president of american commitment and author of "democracy denied." dean baker, the gig is up. the cuts are coming, and i say i unlike the stimulus package, these budget cuts will work to help the economy. >> well, i'll take issue with that, but first, larry, i want to
Jan 15, 2013 4:00am EST
're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal cliff for the fist time in the more global renegotiation, what bernanke know and the government is they don't want the economy to be in another recession. probably it's going to be a slow proce
Jan 30, 2013 1:00pm EST
says, if there is any reason for the fed to back away, it is today's report. if there is any reason to push the sequester cuts further down the road, it is all today. they fully expect uncle ben to keep giving you the sugar. >> yes. keep the training wheels on. >> and the market likes that. >> i also sense massive frustration. >> massive frustration, not just from individual investors but institutional investors. if there was anywhere to pull back bb it is today. >> and it's not happening. >> it's setting its sights on 2014. >> chief investment officers at j.p. morgan, $870 billion, but who's counting. riechard's key advice. >> stay in the market. second, facing rotation investment challenges this year. and related to bond yields and emerging markets. third, so-called fallen angels of the credit space. welcome back it "power lunch." we will take those things in just a moment. first, the gdp flash forecast. what do you say? >> i agree with mike on some of this. it sets up for a stronger first quarter growth dynamic in the u.s. if you look through the data, and i know you covered a lo
Jan 14, 2013 11:00pm EST
of the things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that that is in keeping interest rates close to zero, since it has dug pretty deep into an unconventional policy. asset purchases are meant to help in the short term. can you explain that? >> well, monetary policy involved the overnight interest rate up and down and hoping that the rest of the interest rates would move in sympathy. then we get a situation in 2008 where we had dropped the short-term rate down about as far as it could go come almost entirely to zero. so the question is what work did the fed do. there are many people a decade ago event a lot of articles about how the fed would be out of ammunition if they got down to zero. a lot of work by academics and others, researchers of the central bank suggested that there was more that could be done once the short-term rate back down to zero. and what you can try to do is bring the longer-term rates down. the idea being that you're going to keep rates low in a long-term and that will have the effect of pushing down longer-term in
Search Results 0 to 49 of about 2,133 (some duplicates have been removed)